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Date Submitted: 09/28/2011 12:49 AM

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`Vision: Defines the way an organization or enterprise will look in the future. Vision is a long-term view, sometimes describing how the organization would like the world to be in which it operates. For example, a charity working with the poor might have a vision statement which reads "A World without Poverty."

Mission: Defines the fundamental purpose of an organization or an enterprise, succinctly describing why it exists and what it does to achieve its Vision.

· A Mission statement tells you the fundamental purpose of the organization. It defines the customer and the critical processes. It informs you of the desired level of performance.

· A Vision statement outlines what the organization wants to be, or how it wants the world in which it operates to be. It concentrates on the future. It is a source of inspiration. It provides clear decision-making criteria.

What makes SAMSUNG a world's leading company?

Since its founding in 1938, SAMSUNG has maintained a mission statement that responds both to its own change, and to new developments in the world: "Economic contribution to the nation", "Priority to human resources", "Pursuit of rationalism". Each slogan represents significant moments in SAMSUNG’s history, reflecting different stages of the company's growth from a domestic industrial leader into a global consumer electronics powerhouse.

In the 1990's, SAMSUNG transformed its mission statement to keep pace with its growing global operations, rapid changes in the world economy, and escalating competition from well-established rivals.

SAMSUNG Management Philosophy

"We will devote our human resources and technology to create superior products and services, thereby contributing to a better global society."

SAMSUNG management philosophy represents its strong determination to contribute directly to the prosperity of people all over the world. The talent, creativity and dedication of SAMSUNG people are key factors to its efforts, and the strides...

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